FINANCIAL SERVICES
P: OTHER SUPPORTING DOCUMENTS
1. Additional information/schedules in accordance with the budget and reporting regulations:
SA1 - Supporting detail to Budgeted Financial Performance
SA2 - Matrix Financial Performance Budget (revenue source/expenditure type and type)
SA3 - Supporting detail to Budgeted Financial Position
SA4 - Reconciliation of IDP strategic objectives and budget (revenue) SA5 - Reconciliation of IDP strategic objectives and budget (operational
expenditure)
SA6 - Reconciliation of IDP strategic objectives and budget (capital expenditure) SA7 - Measurable Performance Objectives
SA8 - Performance indicators and benchmarks
SA9 - Social, economic and demographic statistics and assumptions SA10 - Funding measurement
SA11 - Property Rates Summary
SA12a- Property rates by category (2020/2021) SA12b- Property rates by category (2021/2022) SA13a Service Tariffs by category
SA13b Service Tariffs by category-explanatory SA14 - Household bills
SA15 - Investment particulars by type SA16 - Investment particulars by maturity SA17 - Borrowing
SA18 - Transfers and grant receipts
SA19 - Expenditure on transfers and grant programme
SA20 - Reconciliation of transfers grant receipts and unspent funds SA21 - Transfers and grants made by the municipality
SA22 - Summary councillor and staff benefits
SA23 - Salaries, allowances & benefits (political office bearers/councilors/senior managers)
SA24 - Summary of personnel numbers
SA25 - Consolidated budgeted monthly revenue and expenditure
MEDIUM TERM REVENUE AND EXPENDITURE FRAMEWORK FOR THE FINANCIAL PERIOD 2021– 2024
SA26 - Budgeted monthly revenue and expenditure (municipal vote)
SA27 - Budgeted monthly revenue and expenditure (functional classification) SA28 - Budgeted monthly capital expenditure (municipal vote)
SA29 - Budgeted monthly capital expenditure (functional classification) SA30 - Budgeted monthly cash flow
SA31 - Not applicable
SA32 - List of external mechanism
SA33 - Contracts having future budgetary implications SA34a- Capital expenditure on new asset class
SA34b- Capital expenditure on the renewal of existing assets by asset class SA34c- Repairs and maintenance expenditure by asset class
SA34d- Depreciation by asset class
SA34e- Capital expenditure on the upgrading of existing assets by asset class SA35 - Future financial implications of the capital budget
SA36 - Detailed Capital Budget
SA37 - Projects delayed from previous financial years SA38 - Consolidated detailed operational projects
WC024 Stellenbosch - Supporting Table SA1 Supportinging detail to 'Budgeted Financial Performance'
2017/18 2018/19 2019/20
Audited Outcome
Audited Outcome
Audited
Outcome Original Budget Adjusted Budget
Full Year Forecast
Pre-audit outcome
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 R thousand
REVENUE ITEMS:
Property rates 6
Total Property Rates 168 938 383 004 415 613 392 239 399 239 399 239 417 611 423 633 449 050 475 994 less Revenue Foregone (exemptions, reductions and rebates and
impermissable values in excess of section 17 of MPRA) (143 879) 46 679 49 938 – – – 50 242 – – – Net Property Rates 312 816 336 325 365 675 392 239 399 239 399 239 367 369 423 633 449 050 475 994
Service charges - electricity revenue 6
Total Service charges - electricity revenue 523 216 542 033 575 596 719 996 686 996 686 996 549 411 801 930 858 065 909 549 less Revenue Foregone (in excess of 50 kwh per indigent household per
month) – – – – – – – – – –
less Cost of Free Basic Services (50 kwh per indigent household per month) 148 10 538 13 321 12 554 12 554 12 554 12 237 14 655 15 681 16 621 Net Service charges - electricity revenue 523 068 531 494 562 275 707 441 674 441 674 441 537 175 787 275 842 384 892 927
Service charges - water revenue 6
Total Service charges - water revenue 202 774 162 940 192 738 184 574 164 574 164 574 150 923 184 204 195 492 207 541 less Revenue Foregone (in excess of 6 kilolitres per indigent household per
month) – – – – – – – – – – less Cost of Free Basic Services (6 kilolitres per indigent household per
month) 5 468 15 664 21 106 15 854 15 854 15 854 23 370 17 804 19 941 22 333 Net Service charges - water revenue 197 306 147 276 171 632 168 720 148 720 148 720 127 554 166 400 175 552 185 207 Service charges - sanitation revenue
Total Service charges - sanitation revenue 98 628 92 419 92 869 128 609 118 609 118 609 93 661 125 370 132 892 140 866 less Revenue Foregone (in excess of free sanitation service to indigent
households) – – – – – – – – – – less Cost of Free Basic Services (free sanitation service to indigent
households) 7 009 8 557 9 607 10 298 10 298 10 298 9 652 10 885 11 538 12 230 Net Service charges - sanitation revenue 91 619 83 862 83 262 118 312 108 312 108 312 84 009 114 485 121 354 128 636
Service charges - refuse revenue 6
Total refuse removal revenue 54 532 51 571 60 200 74 479 74 479 74 479 65 380 83 640 93 677 104 918 Total landfill revenue 2 910 3 557 2 757 3 826 3 826 3 826 2 132 4 296 4 812 5 389 less Revenue Foregone (in excess of one removal a week to indigent
households) – – – – – – – – – – less Cost of Free Basic Services (removed once a week to indigent
households) 7 434 – – – – – – – – – Net Service charges - refuse revenue 50 008 55 128 62 957 78 305 78 305 78 305 67 513 87 936 98 489 110 307 Other Revenue by source
Fuel Levy – – – – – – – – – – Other Revenue
Discontinued Operations – – – – – – – – – – Rent on Land 14 – – – – – – – – – Operational Revenue 5 594 5 671 5 412 7 996 7 996 7 996 4 462 8 396 8 816 9 256
2021/22 Medium Term Revenue & Expenditure Framework
Current Year 2020/21
Description Ref
Prepared by : Date : 2021/05/22 19:06
2017/18 2018/19 2019/20 Audited
Outcome
Audited Outcome
Audited
Outcome Original Budget Adjusted Budget
Full Year Forecast
Pre-audit outcome
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 R thousand
2021/22 Medium Term Revenue & Expenditure Framework
Current Year 2020/21
Description Ref
Intercompany/Parent-subsidiary Transactions – – – – – – – – – – Surcharges and Taxes – – – – – – – – – – Sales of Goods and Rendering of Services 20 544 20 020 26 876 31 412 23 912 23 912 9 857 32 923 34 528 36 215 Fuel Levy 3 – – – – – – – – – – Total 'Other' Revenue 1 26 151 25 691 32 288 39 408 31 908 31 908 14 319 41 319 43 344 45 472 EXPENDITURE ITEMS:
Employee related costs
Basic Salaries and Wages 2 292 039 302 433 322 817 340 815 319 207 319 207 280 308 360 533 366 015 378 674 Pension and UIF Contributions 44 645 47 734 51 252 61 260 61 260 61 260 47 454 68 553 70 933 73 397 Medical Aid Contributions 20 027 21 652 23 337 27 962 27 962 27 962 20 863 31 650 32 755 33 898 Overtime – – – – – – – – – – Performance Bonus 19 986 21 802 23 789 29 816 26 116 26 116 24 126 29 798 30 819 31 876 Motor Vehicle Allowance 10 014 9 519 9 294 15 586 11 624 11 624 7 614 12 472 12 884 13 312 Cellphone Allowance 944 1 342 1 631 1 143 1 143 1 143 1 513 1 280 1 320 1 361 Housing Allowances 2 233 2 853 2 916 3 165 3 165 3 165 2 296 3 594 3 719 3 849 Other benefits and allowances 48 476 53 047 61 288 66 247 59 576 59 576 54 184 67 289 69 642 72 077 Payments in lieu of leave 4 240 858 (2) 2 246 2 246 2 246 2 291 2 538 2 627 2 719 Long service awards 4 722 4 840 4 109 1 067 1 067 1 067 53 1 206 1 248 1 292 Post-retirement benefit obligations 4 2 766 (4 425) 28 305 30 131 19 131 19 131 7 551 28 545 29 635 30 649 sub-total 5 450 091 461 655 528 736 579 439 532 497 532 497 448 254 607 458 621 597 643 102 Less: Employees costs capitalised to PPE – – – – – – – – – – Total Employee related costs 1 450 091 461 655 528 736 579 439 532 497 532 497 448 254 607 458 621 597 643 102 Contributions recognised - capital
List contributions by contract – 13 251 10 427 – 11 697 11 697 10 211 – – – Total Contributions recognised - capital – 13 251 10 427 – 11 697 11 697 10 211 – – – Depreciation & asset impairment
Depreciation of Property, Plant & Equipment 16 213 189 565 189 877 203 138 198 289 198 289 2 209 550 213 741 218 016 Lease amortisation 1 715 1 848 1 973 2 490 2 490 2 490 – 1 991 2 031 2 072 Capital asset impairment 6 398 1 706 – – – – – – – – Depreciation resulting from revaluation of PPE 10 – – – – – – – – – – Total Depreciation & asset impairment 1 24 326 193 119 191 851 205 628 200 779 200 779 2 211 541 215 772 220 087 Bulk purchases
Electricity Bulk Purchases 313 553 350 008 414 765 455 254 430 254 430 254 310 558 507 699 553 392 603 198 Water Bulk Purchases – – – – – – – – – – Total bulk purchases 1 313 553 350 008 414 765 455 254 430 254 430 254 310 558 507 699 553 392 603 198 Transfers and grants
Cash transfers and grants 6 261 9 129 10 855 10 069 11 073 11 073 10 028 13 600 13 223 13 606 Non-cash transfers and grants – – – – – – – – – –
Prepared by : Date : 2021/05/22 19:06
2017/18 2018/19 2019/20 Audited
Outcome
Audited Outcome
Audited
Outcome Original Budget Adjusted Budget
Full Year Forecast
Pre-audit outcome
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 R thousand
2021/22 Medium Term Revenue & Expenditure Framework
Current Year 2020/21
Description Ref
Total transfers and grants 1 6 261 9 129 10 855 10 069 11 073 11 073 10 028 13 600 13 223 13 606 Contracted services
Outsourced Services 39 622 55 249 85 777 84 981 106 954 106 954 77 578 108 508 113 774 118 815 Consultants and Professional Services 28 874 30 389 26 910 40 566 43 280 43 280 24 823 49 574 30 513 31 198 Contractors 57 799 66 180 70 766 119 930 114 431 114 431 70 648 119 399 120 037 125 217 sub-total 1 126 295 151 818 183 453 245 478 264 666 264 666 173 048 277 481 264 324 275 231 Allocations to organs of state:
Electricity – – – – – – – – – – Water – – – – – – – – – – Sanitation – – – – – – – – – – Other – – – – – – – – – –
Total contracted services 126 295 151 818 183 453 245 478 264 666 264 666 173 048 277 481 264 324 275 231
Other Expenditure By Type
Collection costs 1 176 2 455 2 945 3 072 3 072 3 072 2 126 3 500 3 605 3 713 Contributions to 'other' provisions 51 376 35 736 2 315 49 923 31 923 31 923 – 5 637 5 954 5 993 Audit fees 5 409 6 296 6 704 7 831 7 566 7 566 6 600 8 088 8 308 8 535
General expenses 3
Operating Leases 8 312 2 667 11 584 17 192 18 206 18 206 13 295 17 967 18 586 19 384 Operational Cost 80 156 83 713 91 971 110 440 137 744 137 744 84 965 125 166 130 878 135 088 Statutory Payments other than Income Taxes – – – – – – – – – – Discontinued Operations – – – – – – – – – – Total 'Other' Expenditure 1 146 430 130 867 115 519 188 459 198 511 198 511 106 986 160 358 167 330 172 714
by Expenditure Item 8
Employee related costs 348 (35 034) 564 – – – (2) – – – Other materials 159 40 2 492 – 665 665 652 617 633 652 Contracted Services 44 267 42 394 46 169 90 738 83 144 83 144 55 058 86 925 85 067 87 995 Other Expenditure – – 383 85 72 72 24 73 75 77 Total Repairs and Maintenance Expenditure 9 44 774 7 400 49 608 90 823 83 881 83 881 55 732 87 614 85 775 88 724 Inventory Consumed
Inventory Consumed - Water (2 277) (1 407) (1 315) (1 315) (1 315) (1 315) (3 999) – – – Inventory Consumed - Other (6 232 503) (6 670 577) (7 350 431) (8 550 855) (8 619 238) (8 592 692) (7 078 197) (7 186 691) (7 571 895) (8 008 726) Total Inventory Consumed & Other Material (6 234 780) (6 671 984) (7 351 747) (8 552 170) (8 620 553) (8 594 007) (7 082 196) (7 186 691) (7 571 895) (8 008 726) check 44 774 7 400 49 608 90 823 83 881 83 881 87 614 85 775 88 724 References
1. Must reconcile with 'Budgeted Financial Performance (Revenue and Expenditure) 2. Must reconcile to supporting documentation on staff salaries
3. Insert other categories where revenue or expenditure is of a material nature (list separate items until 'General expenses' is not > 10% of Total Expenditure)
Prepared by : Date : 2021/05/22 19:06
2017/18 2018/19 2019/20 Audited
Outcome
Audited Outcome
Audited
Outcome Original Budget Adjusted Budget
Full Year Forecast
Pre-audit outcome
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 R thousand
2021/22 Medium Term Revenue & Expenditure Framework
Current Year 2020/21
Description Ref
4. Expenditure to meet any 'unfunded obligations'
5 This sub-total must agree with the total on SA22, but excluding councillor and board member items 6. Include a note for each revenue item that is affected by 'revenue foregone'
7. Special consideration may have to be given to including 'goodwill arising' or 'joint venture' budgets where circumstances require this (include separately under relevant notes)
8. Repairs and Maintenance is not a GRAP item. However to facilitate transparency, municipalities must provide a breakdown of the amounts included in the relevant GRAP items that will be spent on Repairs and Maintenance.
9. Must reconcile with Repairs and Maintenance by Asset Class (Total Repairs and Maintenance) on Table SA34c.
10. Only applicable to municipalities that have adopted the 'revaluation method' in GRAP 17. The aim is to prevent overstating 'depreciation and asset impairment'
Prepared by : Date : 2021/05/22 19:06
WC024 Stellenbosch - Supporting Table SA2 Matrix Financial Performance Budget (revenue source/expenditure type and dept.)
Description Ref
R thousand 1
Revenue By Source
Property rates – – – – 1 500 422 133 – – – – – – – – – 423 633 Service charges - electricity revenue – – 787 275 – – – – – – – – – – – – 787 275 Service charges - water revenue – – 166 400 – – – – – – – – – – – – 166 400 Service charges - sanitation revenue – – 114 485 – – – – – – – – – – – – 114 485 Service charges - refuse revenue – – 87 936 – – – – – – – – – – – – 87 936 Rental of facilities and equipment – 10 818 – 73 284 – – – – – – – – – – 11 175 Interest earned - external investments – – – – – 13 200 – – – – – – – – – 13 200 Interest earned - outstanding debtors – – 10 293 – – 3 741 – – – – – – – – – 14 034 Dividends received – – – – – – – – – – – – – – – – Fines, penalties and forfeits – 29 – 147 396 – 0 – – – – – – – – – 147 425 Licences and permits – 18 – 5 471 157 132 – – – – – – – – – 5 778 Agency services – – – 3 077 – – – – – – – – – – – 3 077 Other revenue – 9 044 5 165 19 933 3 829 3 347 – – – – – – – – – 41 319 Transfers and subsidies – 3 045 125 691 13 875 570 61 133 – – – – – – – – – 204 313 Gains – – – – – – – – – – – – – – – – Total Revenue (excluding capital transfers and contributions) – 22 954 1 297 246 189 826 6 339 503 686 – – – – – – – – – 2 020 051 Expenditure By Type
Employee related costs 27 815 74 171 187 841 174 530 71 360 71 741 – – – – – – – – – 607 458 Remuneration of councillors – – – – 21 978 – – – – – – – – – – 21 978 Debt impairment – 2 500 18 400 80 000 – 3 000 – – – – – – – – – 103 900 Depreciation & asset impairment 319 2 981 179 458 15 913 12 380 490 – – – – – – – – – 211 541 Finance charges – – 41 827 – – 2 015 – – – – – – – – – 43 842 Bulk purchases – – 507 699 – – – – – – – – – – – – 507 699 Other materials 115 1 785 52 233 11 558 2 998 943 – – – – – – – – – 69 632 Contracted services 3 394 8 917 160 507 71 958 21 300 11 406 – – – – – – – – – 277 481 Transfers and subsidies – 7 023 – 6 328 250 – – – – – – – – – – 13 600 Other expenditure 8 346 3 499 40 855 14 193 68 018 25 447 – – – – – – – – – 160 358 Losses – – – – – – – – – – – – – – – – Total Expenditure 39 989 100 875 1 188 821 374 481 198 283 115 042 – – – – – – – – – 2 017 490 Surplus/(Deficit) (39 989) (77 921) 108 424 (184 655) (191 944) 388 644 – – – – – – – – – 2 560 Transfers and subsidies - capital (monetary allocations)
(National / Provincial and District) – 7 500 97 354 700 – – – – – – – – – – – 105 554 Transfers and subsidies - capital (monetary allocations)
(National / Provincial Departmental Agencies, Households, Non-profit Institutions, Private Enterprises, Public Corporatons, Higher Educational Institutions)
–
– – – – – – – – – – – – – – –
Transfers and subsidies - capital (in-kind - all) – – – – – – – – – – – – – – – – Surplus/(Deficit) after capital transfers & contributions (39 989) (70 421) 205 778 (183 955) (191 944) 388 644 – – – – – – – – – 108 114 References
1. Departmental columns to be based on municipal organisation structure
Vote 5 - CORPORATE
SERVICES
Vote 6 - FINANCIAL
SERVICES Vote 1 -
OFFICE OF THE MUNICIPAL
MANAGER
Vote 2 - PLANNING
AND DEVELOPMEN
T SERVICES Vote 3 - INFRASTRUCT URE SERVICES
Vote 4 - COMMUNITY
AND PROTECTION
SERVICES
Vote 15 - [NAME OF VOTE 15]
Total Vote 7 - [NAME
OF VOTE 7]
Vote 8 - [NAME OF VOTE 8]
Vote 9 - [NAME OF VOTE 9]
Vote 10 - [NAME OF VOTE 10]
Vote 11 - [NAME OF VOTE 11]
Vote 12 - [NAME OF VOTE 12]
Vote 13 - [NAME OF VOTE 13]
Vote 14 - [NAME OF
VOTE 14]
Prepared by : Date : 2021/05/22 19:06
WC024 Stellenbosch - Supporting Table SA3 Supportinging detail to 'Budgeted Financial Position'
2017/18 2018/19 2019/20
Audited Outcome
Audited Outcome
Audited Outcome
Original Budget
Adjusted Budget
Full Year Forecast
Pre-audit outcome
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 R thousand
ASSETS
Call investment deposits
Call deposits 505 618 398 164 323 254 505 618 398 164 323 254 683 521 396 045 292 005 292 005 Other current investments – – – – – – – – – – Total Call investment deposits 2 505 618 398 164 323 254 505 618 398 164 323 254 683 521 396 045 292 005 292 005 Consumer debtors
Consumer debtors 312 344 326 093 263 296 312 344 326 093 263 296 379 385 372 188 426 758 487 134 Less: Provision for debt impairment (127 452) (150 751) (114 500) (127 452) (150 751) (114 500) (258) (47 800) (50 668) (53 708) Total Consumer debtors 2 184 892 175 342 148 796 184 892 175 342 148 796 379 127 324 388 376 090 433 426 Debt impairment provision
Balance at the beginning of the year 105 867 127 452 75 926 – – – – (23 900) (25 334) (26 854) Contributions to the provision 21 586 23 299 – – – – – (23 900) (25 334) (26 854) Bad debts written off 38 574 – – – (258) – – – Balance at end of year 127 452 150 751 114 500 – – – (258) (47 800) (50 668) (53 708) Inventory
Water
Opening Balance – 2 277 1 407 1 315 1 315 1 315 1 315 – – – System Input Volume 2 277 (870) (92) – – – 2 684 – – – Water Treatment Works – – – – – – – – – – Bulk Purchases 2 277 (870) (92) – – – 2 684 – – – Natural Sources – – – – – – – – – – Authorised Consumption 6 – – – – – – – – – – Billed Authorised Consumption – – – – – – – – – – Billed Metered Consumption – – – – – – – – – – Free Basic Water – – – – – – – – – – Subsidised Water – – – – – – – – – – Revenue Water – – – – – – – – – – Billed Unmetered Consumption – – – – – – – – – – Free Basic Water – – – – – – – – – – Subsidised Water – – – – – – – – – – Revenue Water – – – – – – – – – – UnBilled Authorised Consumption – – – – – – – – – – Unbilled Metered Consumption – – – – – – – – – – Unbilled Unmetered Consumption – – – – – – – – – – Water Losses – – – – – – – – – – Apparent losses – – – – – – – – – – Unauthorised Consumption – – – – – – – – – – Customer Meter Inaccuracies – – – – – – – – – – Real losses – – – – – – – – – – Leakage on Transmission and Distribution Mains – – – – – – – – – – Leakage and Overflows at Storage Tanks/Reservoirs – – – – – – – – – – Leakage on Service Connections up to the point of Customer Meter – – – – – – – – – – Data Transfer and Management Errors – – – – – – – – – – Unavoidable Annual Real Losses – – – – – – – – – – Non-revenue Water – – – – – – – – – – Closing Balance Water 2 277 1 407 1 315 1 315 1 315 1 315 3 999 – – –
Agricultural
Opening Balance – – – – – – – – – – Acquisitions – – – – – – – – – – Issues 7 – – – – – – – – – – Adjustments 8 – – – – – – – – – – Write-offs 9 – – – – – – – – – – Closing balance - Agricultural – – – – – – – – – –
Consumables Standard Rated
Opening Balance – – 4 817 285 285 285 285 – – – Acquisitions – 12 310 11 749 – – – 30 660 6 434 7 517 7 941 Issues 7 – (7 493) (16 281) – – – (26 883) (6 434) (7 517) (7 941) Adjustments 8 – – – – – – – – – – Write-offs 9 – – – – – – – – – – Closing balance - Consumables Standard Rated – 4 817 285 285 285 285 4 062 – – –
Description Ref
2021/22 Medium Term Revenue & Expenditure Framework
Current Year 2020/21
Prepared by : Date : 2021/05/22 19:06
2017/18 2018/19 2019/20
Audited Outcome
Audited Outcome
Audited Outcome
Original Budget
Adjusted Budget
Full Year Forecast
Pre-audit outcome
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 R thousand
Description Ref
2021/22 Medium Term Revenue & Expenditure Framework
Current Year 2020/21
Zero Rated
Opening Balance – – (3) (3) (3) (3) (3) – – – Acquisitions – 384 – – – – – 14 631 15 245 15 792 Issues 7 – (386) – – – – – (14 631) (15 245) (15 792) Adjustments 8 – – – – – – – – – – Write-offs 9 – – – – – – – – – – Closing balance - Consumables Zero Rated – (3) (3) (3) (3) (3) (3) – – –
Finished Goods
Opening Balance – – – – – – – – – – Acquisitions – – – – – – – – – – Issues 7 – – – – – – – – – – Adjustments 8 – – – – – – – – – – Write-offs 9 – – – – – – – – – – Closing balance - Finished Goods – – – – – – – – – –
Materials and Supplies
Opening Balance – – 8 060 13 016 13 016 13 016 13 016 – – 5 904 Acquisitions – 47 402 – – – – 11 283 20 238 26 349 22 025 Issues 7 – (33 674) 4 956 – – – (35) (20 238) (20 445) (22 025) Adjustments 8 – (5 668) – – – – – – – – Write-offs 9 – – – – – – – – – – Closing balance - Materials and Supplies – 8 060 13 016 13 016 13 016 13 016 24 264 – 5 904 5 904
Work-in-progress
Opening Balance – – – – – – – – – – Materials – – – – – – – – – – Transfers – – – – – – – – – – Closing balance - Work-in-progress – – – – – – – – – –
Housing Stock
Opening Balance – – – (700) (700) (700) (700) – – – Acquisitions – – – – – – – – – – Transfers – – – – – – – – – – Sales – – (700) – – – – – – – Closing Balance - Housing Stock – – (700) (700) (700) (700) (700) – – –
Land
Opening Balance – – 23 092 22 976 22 976 22 976 22 976 – – – Acquisitions – 24 842 – – – – – – – – Sales – (1 750) (116) – – – – – – – Adjustments – – – – – – – – – – Correction of Prior period errors – – – – – – – – – – Closing Balance - Land – 23 092 22 976 22 976 22 976 22 976 22 976 – – – Closing Balance - Inventory & Consumables 2 277 37 374 36 890 36 890 36 890 36 890 54 599 – 5 904 5 904 Property, plant and equipment (PPE)
PPE at cost/valuation (excl. finance leases) 6 047 611 6 495 235 7 201 635 7 380 477 7 458 410 7 458 410 7 171 566 7 303 143 7 636 645 8 016 140 Leases recognised as PPE 3 – – – – – – – – – Less: Accumulated depreciation 1 297 006 1 438 174 1 733 062 1 705 934 1 701 085 1 701 085 1 665 592 1 865 222 2 032 579 2 250 691 Total Property, plant and equipment (PPE) 2 4 750 606 5 057 061 5 468 573 5 674 543 5 757 324 5 757 324 5 505 974 5 437 921 5 604 066 5 765 449 LIABILITIES
Current liabilities - Borrowing
Short term loans (other than bank overdraft) – – – – – – – – – – Current portion of long-term liabilities (14 502) (25 870) (26 311) (31 078) (23 720) (23 720) (12 869) (36 154) (46 495) (57 871) Total Current liabilities - Borrowing (14 502) (25 870) (26 311) (31 078) (23 720) (23 720) (12 869) (36 154) (46 495) (57 871) Trade and other payables
Trade Payables (243 316) (269 021) (254 131) (1 193 277) (1 135 025) (1 135 025) (128 547) (305 224) (337 299) (372 167) Other Creditors – – – (6 200) (6 300) (6 300) (124 440) (13 350) (13 223) (13 606) Unspent conditional transfers (100 324) (148 234) – (115 120) (132 308) (132 308) (39 535) (8 301) (22 910) (36 771) VAT – – – 985 486 985 486 985 486 (472 495) (440 840) (440 840) (440 840) Total Trade and other payables 2 (343 640) (417 255) (254 131) (329 111) (288 147) (288 147) (765 017) (767 715) (814 271) (863 383) Non current liabilities - Borrowing
Borrowing 4 (158 800) (292 930) (449 591) (520 322) (520 322) (520 322) (271 136) (499 164) (586 281) (676 398) Finance leases (including PPP asset element) – – – – – – – – – –
Prepared by : Date : 2021/05/22 19:06
2017/18 2018/19 2019/20
Audited Outcome
Audited Outcome
Audited Outcome
Original Budget
Adjusted Budget
Full Year Forecast
Pre-audit outcome
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 R thousand
Description Ref
2021/22 Medium Term Revenue & Expenditure Framework
Current Year 2020/21
Total Non current liabilities - Borrowing (158 800) (292 930) (449 591) (520 322) (520 322) (520 322) (271 136) (499 164) (586 281) (676 398) Provisions - non-current
Retirement benefits (217 471) (201 831) (247 335) (202 464) (202 464) (202 464) (160 229) (160 229) (160 229) (160 229) List other major provision items
Refuse landfill site rehabilitation (79 165) (101 702) (46 888) (102 344) (102 344) (102 344) (121 306) (121 306) (121 306) (121 306)
Other (23 414) (23 414) (23 414) (23 387) (23 387) (23 387) (23 387)
Total Provisions - non-current (296 636) (303 532) (294 223) (328 223) (328 223) (328 223) (304 922) (304 922) (304 922) (304 922) CHANGES IN NET ASSETS
Accumulated Surplus/(Deficit)
Accumulated Surplus/(Deficit) - opening balance 5 162 592 5 287 154 5 537 458 – – – – – – – GRAP adjustments – – – – – – – – – – Restated balance 5 162 592 5 287 154 5 537 458 – – – – – – – Surplus/(Deficit) 404 408 119 092 54 670 – – – – – – –
Transfers to/from Reserves – – – – – – –
Depreciation offsets – – – – – – – – – – Other adjustments (244 888) (171 617) (57 682) – – – – – – Accumulated Surplus/(Deficit) 1 5 322 112 5 234 629 5 534 446 – – – – – – – Reserves
Housing Development Fund – – – – – – –
Capital replacement – – – – – – –
Self-insurance – – – – – – –
Other reserves
Compensation for Occupational Injuries and Diseases – – – – – – – – – – Employee Benefit Reserve – – – – – – – – – – Non-current Provisions Reserve – – – – – – – – – – Valuation Reserve – – – – – – – – – – Investment in associate account – – – – – – – – – – Capitalisation Reserve – – – – – – – – – Equity – – – – – – – – – – Non-Controlling Interest – – – – – – – – – – Share Premium – – – – – – – – – – Revaluation – – – – – – – – – – Total Reserves 2 – – – – – – – – – – TOTAL COMMUNITY WEALTH/EQUITY 2 5 322 112 5 234 629 5 534 446 – – – – – – – Total capital expenditure includes expenditure on nationally significant priorities:
Provision of basic services
References
1. Must reconcile with Table A4 Budgeted Financial Performance (revenue and expenditure) 2. Must reconcile with Table A6 Budgeted Financial Position
3. Leases treated as assets to be depreciated as the same as purchased/constructed assets. Includes PPP asset element accounted for as finance leases 4. Borrowing must reconcile to Table A17
5. Trade Payable should only include Trade Payables from Exchance Transactions ("True Creditors")
6. Inventory Consumed - Water - included under "Inventory Consumed" on Table A4 - Detail to be submitted on Table SA1 7. Inventry Consumed Other - included under "Inventory Consumed" on Table A4 - Detail to be submitted on Table SA1 8. Inventory Transfers/Adjustments (Include under gains/losses on Table A4)
9. Inventory Write-offs (Include under losses on Table A4)
Prepared by : Date : 2021/05/22 19:06
WC024 Stellenbosch - Supporting Table SA4 Reconciliation of IDP strategic objectives and budget (revenue)
Strategic Objective Goal Goal
Code 2017/18 2018/19 2019/20
R thousand
Audited Outcome
Audited Outcome
Audited
Outcome Original Budget Adjusted Budget
Full Year Forecast
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24
Green and Sustainable Valley Green and Sustainable Valley 75 684 79 450 92 235 93 750 92 587 92 587 Valley of Possibility Valley of Possibility 915 435 925 987 1 166 851 1 136 193 1 040 890 1 040 890
Dignified Living Dignified Living 74 131 70 875 89 235 119 526 115 178 115 178 1 156 097 1 237 779 1 317 078 Safe Valley Safe Valley 132 098 116 610 120 736 167 192 191 600 191 600 545 875 531 591 516 863 Good Governance and
Compliance
Good Governance and
Compliance 412 565 419 217 450 678 496 499 490 997 490 997 423 633 449 051 475 994
Allocations to other priorities 2
Total Revenue (excluding capital transfers and contributions) 1 1 609 913 1 612 139 1 919 735 2 013 160 1 931 252 1 931 252 2 125 605 2 218 421 2 309 934 References
1. Total revenue must reconcile to Table A4 Budgeted Financial Performance (revenue and expenditure) 2. Balance of allocations not directly linked to an IDP strategic objective
Current Year 2020/21 2021/22 Medium Term Revenue & Expenditure Framework
Ref
Prepared by : Date : 2021/05/22 18:29
WC024 Stellenbosch - Supporting Table SA5 Reconciliation of IDP strategic objectives and budget (operating expenditure)
Strategic Objective Goal Goal
Code 2017/18 2018/19 2019/20
R thousand
Audited Outcome
Audited Outcome
Audited
Outcome Original Budget Adjusted Budget
Full Year Forecast
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24
Green and Sustainable Valley Green and Sustainable Valley 148 521 152 907 124 590 56 240 52 856 52 856 8 913 9 475 10 046
Valley of Possibility Valley of Possibility 558 757 681 988 832 004 56 488 176 380 176 380 55 910 57 162 65 134
Dignified Living Dignified Living 144 272 152 099 174 137 1 195 754 1 059 158 1 059 158 1 385 798 1 402 437 1 443 976
Safe Valley Safe Valley 227 413 226 987 225 159 252 153 240 158 240 158 8 186 7 957 8 238
Good Governance and Compliance
Good Governance and
Compliance 267 371 287 092 298 746 326 827 301 579 301 579 558 683 606 035 658 596
Allocations to other priorities
Total Expenditure 1 1 346 334 1 501 073 1 654 635 1 887 463 1 830 131 1 830 131 2 017 490 2 083 067 2 185 990 References
1. Total expenditure must reconcile to Table A4 Budgeted Financial Performance (revenue and expenditure) 2. Balance of allocations not directly linked to an IDP strategic objective
Current Year 2020/21 2021/22 Medium Term Revenue & Expenditure Framework
Ref
Prepared by : Date : 2021/05/22 18:29
WC024 Stellenbosch - Supporting Table SA6 Reconciliation of IDP strategic objectives and budget (capital expenditure)
Strategic Objective Goal Goal
Code 2017/18 2018/19 2019/20
R thousand
Audited Outcome
Audited Outcome
Audited
Outcome Original Budget Adjusted Budget
Full Year Forecast
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24
Green and Sustainable Valley Green and Sustainable Valley A 19 856 25 981 58 660 20 900 22 135 22 135 32 903 38 030 27 950
Valley of Possibility Valley of Possibility B 128 935 135 095 216 006 147 140 153 205 153 205 200 441 201 583 199 015
Dignified Living Dignified Living C 262 590 320 676 197 023 178 319 225 894 225 894 141 373 120 620 127 500
Safe Valley Safe Valley D 10 596 9 654 42 900 8 850 10 581 10 581 12 595 7 250 12 443
Good Governance and Compliance
Good Governance and
Compliance E 11 705 1 898 97 908 20 542 42 065 42 065 18 742 16 978 14 586
Allocations to other priorities 3
Total Capital Expenditure 1 433 682 493 304 612 498 375 750 453 880 453 880 406 054 384 460 381 495 References
1. Total capital expenditure must reconcile to Budgeted Capital Expenditure 2. Goal code must be used on Table SA36
3. Balance of allocations not directly linked to an IDP strategic objective
Current Year 2020/21 2021/22 Medium Term Revenue & Expenditure Framework
Ref
Prepared by : Date : 2021/05/22 18:29
WC024 Stellenbosch - Supporting Table SA7 Measureable performance objectives
2017/18 2018/19 2019/20 Audited
Outcome
Audited Outcome
Audited Outcome
Original Budget
Adjusted Budget
Full Year Forecast
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 Vote 1 - Municipal Manager
Function 1 - Budget Performance
Sub-function 1 - Capital Expenditure 148 801 32 557 285 000 40 000 40 000 40 000 44 000 49 000 56 000 Insert measure/s description
Sub-function 2 - Operational Expenditure 17 254 619 18 393 857 33 607 414 47 883 653 44 811 506 44 811 506 39 988 673 41 439 540 42 823 424 Insert measure/s description
Sub-function 3 - Operational Revenue - - 360 000 - 327 853 327 853 - - - Insert measure/s description
Vote 2 - Planning and Development Services Function 1 - Budget Performance
Sub-function 1 - Capital Expenditure 2 860 286 5 570 904 13 517 538 12 310 800 13 888 078 13 888 078 11 513 800 4 540 000 13 400 000 Insert measure/s description
Sub-function 2 - Operational Expenditure 56 227 204 55 540 580 118 915 222 105 525 499 96 986 122 96 986 122 100 874 836 101 205 158 104 439 929 Insert measure/s description
Sub-function 3 - Operational Revenue 10 266 502 11 227 770 89 260 819 82 896 473 33 638 469 33 638 469 30 453 892 24 222 668 31 327 668 Insert measure/s description
Vote 3 - Human Settlements Function 1 - Budget Performance
Sub-function 1 - Capital Expenditure 36 410 428 - - - - Insert measure/s description
Sub-function 2 - Operational Expenditure 65 441 660 - - - - Insert measure/s description
Sub-function 3 - Operational Revenue 38 679 360 - - - - Insert measure/s description
Vote 4 - Community & Protection Function 1 - Budget Performance
Sub-function 1 - Capital Expenditure 19 302 239 337 743 802 45 902 450 27 640 000 43 713 748 43 713 748 24 024 370 22 510 000 22 055 000 Insert measure/s description
Sub-function 2 - Operational Expenditure 261 992 054 736 873 119 364 119 842 359 246 182 361 162 417 361 162 417 374 481 006 388 417 554 405 261 758 Insert measure/s description
Sub-function 3 - Operational Revenue 126 660 294 147 486 883 137 269 341 192 984 637 173 335 962 173 335 962 190 526 242 196 222 028 205 653 969 Insert measure/s description
Vote 5 - Infrastructure services Function 1 - Budget Performance
Sub-function 1 - Capital Expenditure 347 392 959 80 696 265 470 553 955 317 259 511 321 693 027 321 693 027 342 514 745 339 361 268 330 223 643 Insert measure/s description
Sub-function 2 - Operational Expenditure 727 774 390 61 463 447 912 529 941 1 094 794 771 1 056 140 371 1 056 140 371 1 188 821 414 1 227 901 178 1 299 253 698 Insert measure/s description
Sub-function 3 - Operational Revenue 968 043 473 36 445 615 1 064 407 034 1 245 015 966 1 227 563 095 1 227 563 095 1 394 599 407 1 457 528 974 1 502 875 656 Insert measure/s description
Vote 5 - Corporate services Function 1 - Budget Performance
Sub-function 1 - Capital Expenditure 3 934 279 5 950 664 32 391 287 17 650 000 73 695 157 73 695 157 27 757 000 17 800 000 15 550 000 Insert measure/s description
Sub-function 2 - Operational Expenditure 114 053 416 302 208 434 176 481 880 181 429 497 180 072 266 180 072 266 198 282 948 204 736 966 210 940 697 Insert measure/s description
Sub-function 3 - Operational Revenue 2 090 375 - 360 000 4 302 674 5 491 627 5 591 627 6 339 253 6 074 134 6 395 236 Insert measure/s description
Vote 7 - Financial services Function 1 - Budget Performance
Sub-function 1 - Capital Expenditure 154 201 446 150 900 000 850 000 850 000 850 000 200 000 200 000 210 000 Insert measure/s description
Sub-function 2 - Operational Expenditure 96 539 452 115 809 302 113 450 151 110 583 800 91 858 500 91 858 500 115 041 547 119 360 772 123 270 265 Insert measure/s description
Sub-function 3 - Operational Revenue 405 271 470 3 809 785 437 435 138 487 960 122 490 895 216 490 895 216 503 685 785 534 372 981 563 681 545 Insert measure/s description
And so on for the rest of the Votes
2. Include all Basic Services performance targets from 'Basic Service Delivery' to ensure Table SA7 represents all strategic responsibilities 3. Only include prior year comparative information for individual measures where relevant activity occurred in that year/s
Unit of measurement Description
Current Year 2020/21 2021/22 Medium Term Revenue & Expenditure Framework
1. Include a measurable performance objective for each revenue source (within a relevant function) and each vote (MFMA s17(3)(b))
Prepared by : Date : 2021/05/22 18:29
WC024 Stellenbosch - Entities measureable performance objectives
2017/18 2018/19 2019/20 Audited
Outcome
Audited Outcome
Audited Outcome
Original Budget
Adjusted Budget
Full Year Forecast
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 Entity 1 - (name of entity)
Insert measure/s description
Entity 2 - (name of entity) Insert measure/s description
Entity 3 - (name of entity) Insert measure/s description
And so on for the rest of the Entities
2. Only include prior year comparative information for individual measures where relevant activity occurred in that year/s 1. Include a measurable performance objective as agreed with the parent municipality (MFMA s87(5)(d))
Description Unit of measurement
Current Year 2020/21 2021/22 Medium Term Revenue & Expenditure Framework
Prepared by : Date : 2021/05/22 18:29
WC024 Stellenbosch - Supporting Table SA8 Performance indicators and benchmarks
2017/18 2018/19 2019/20
Audited Outcome
Audited Outcome
Audited Outcome
Original Budget
Adjusted Budget
Full Year Forecast
Pre-audit outcome
Budget Year 2021/22
Budget Year +1 2022/23
Budget Year +2 2023/24 Borrowing Management
Credit Rating
Capital Charges to Operating Expenditure Interest & Principal Paid /Operating Expenditure 2.6% 2.1% 2.4% 3.2% 2.9% 2.9% 3.9% 4.0% 4.5% 5.0%
Capital Charges to Own Revenue Finance charges & Repayment of borrowing /Own Revenue
2.3% 2.3% 2.7% 3.5% 3.2% 3.2% 3.3% 4.5% 4.9% 5.3%
Borrowed funding of 'own' capital expenditure Borrowing/Capital expenditure excl. transfers and grants and contributions
0.0% 10.3% 0.0% 69.4% 32.5% 32.5% 23.5% 47.9% 48.7% 50.7%
Safety of Capital
Gearing Long Term Borrowing/ Funds & Reserves 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Liquidity
Current Ratio Current assets/current liabilities 2.1 1.6 2.2 2.3 2.4 2.2 2.7 2.5 2.8 3.7 Current Ratio adjusted for aged debtors Current assets less debtors > 90 days/current
liabilities
2.1 1.6 2.2 2.3 2.4 2.2 2.7 2.5 2.8 3.7 Liquidity Ratio Monetary Assets/Current Liabilities 1.3 1.1 1.1 1.1 1.1 1.1 1.1 1.0 1.1 1.7 Revenue Management
Annual Debtors Collection Rate (Payment Level %) Last 12 Mths Receipts/Last 12 Mths Billing 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Current Debtors Collection Rate (Cash receipts % of Ratepayer & Other revenue)
98.4% 97.1% 107.4% 96.0% 98.3% 98.3% 141.9% 99.1% 99.1% 99.2%
Outstanding Debtors to Revenue Total Outstanding Debtors to Annual Revenue 21.1% 15.9% 22.4% 20.6% 21.3% 17.8% 37.3% 22.3% 23.4% 21.8%
Longstanding Debtors Recovered Debtors > 12 Mths Recovered/Total Debtors >
12 Months Old
0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Creditors Management
Creditors System Efficiency % of Creditors Paid Within Terms
(within`MFMA' s 65(e))
98.0% 98.0% 98.0% 98.0% 98.0% 98.0% 98.0% 98.0% 98.0% 98.0%
Creditors to Cash and Investments -1176.4% -158.7% -60.8% -79.4% -103.4% -66.7% -66.7% -65.3% -53.5% -44.8%
Other Indicators
Total Volume Losses (kW)
374764358 379353123 21177668.7 383146654.2 383146654.2 383146654.2 383146654.2 386978120.8 390847902 390847902
Total Cost of Losses (Rand '000)
21 488
28 627 1 525 26 820 26 820 26 820 26 820 27 088 27 359 27 359
% Volume (units purchased and generated less units sold)/units purchased and generated
0
0 0 0 0 0 0 0 0 0 Total Volume Losses (kℓ)
8 645
9 051 9 141 9 233 9 233 9 233 9 233 9 325 9 418 9 418 Total Cost of Losses (Rand '000)
1867832 2535288 2011055 2031166 2031166 2031166 2031166 2051477 2071992 2071992
% Volume (units purchased and generated less units sold)/units purchased and generated
0
0 0 0 0 0 0 0 0 0
Employee costs Employee costs/(Total Revenue - capital
revenue)
29.3% 30.4% 30.9% 30.5% 28.9% 28.9% 28.8% 30.1% 29.3% 28.7%
Remuneration Total remuneration/(Total Revenue - capital
revenue)
30.5% 31.5% 32.0% 31.6% 30.1% 30.1% 31.2% 30.4% 29.7%
Repairs & Maintenance R&M/(Total Revenue excluding capital revenue)
2.9% 0.5% 3.1% 4.8% 4.6% 4.6% 4.3% 4.0% 3.9%
Finance charges & Depreciation FC&D/(Total Revenue - capital revenue) 2.8% 13.8% 14.4% 12.9% 12.7% 12.7% 1.2% 12.7% 12.1% 11.6%
IDP regulation financial viability indicators
i. Debt coverage (Total Operating Revenue - Operating
Grants)/Debt service payments due within financial year)
21.0 25.0 20.2 24.1 24.1 24.1 19.5 25.1 21.4 22.7
ii.O/S Service Debtors to Revenue Total outstanding service debtors/annual revenue received for services
27.1% 20.5% 28.3% 26.2% 27.2% 22.7% 47.6% 28.1% 29.0% 26.8%
iii. Cost coverage (Available cash + Investments)/monthly fixed
operational expenditure
0.2 1.7 3.6 2.3 1.9 2.9 5.1 2.4 2.6 2.9
References
1. Consumer debtors > 12 months old are excluded from current assets 2. Only include if services provided by the municipality Calculation data
Debtors > 90 days
Monthly fixed operational expenditure 88 037 99 450 114 648 126 904 121 478 121 478 68 732 137 360 140 696 147 101
Fixed operational expenditure % assumption 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0% 40.0%
Own capex (65 089) 1 550 313 761 202 230 410 369 598 369 598 510 521 300 500 287 573 315 650 Borrowing – 160 000 – 160 000 120 000 120 000 120 000 144 000 140 000 160 000
Water Distribution Losses (2) Description of financial indicator
2021/22 Medium Term Revenue & Expenditure Framework Basis of calculation
Current Year 2020/21
Electricity Distribution Losses (2)
Prepared by : Date : 2021/05/22 18:29